2 Guys Way #2
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 30, 2019 | Sold | ||
| Sold | |||
| Feb 15, 2019 | Listed by Coldwell Banker Realty - Natick | $499,000 | |
| Listed by Coldwell Banker Realty - Natick | |||
| | |||
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Wellesley line, located 1.5 miles from Starbucks and Wellesley center and a half a mile from Natick center, with a vibrant downtown and weekly farmers market, convenient location off rt 135, 8 units located on a cul de sac. Freshly painted, three floors of living space, generous eat in kitchen, a full bath and a half, a finished lower level for an additional family room, play room, office, or gym, generous parking. Brand new exterior siding is now completed as are the new stair decks and porticos.The seller is offering packages for upgrades to the property, please ask listing agent for the details. Convenient to Mass Pike, Rt 9 and 95, and the commuter rail in Natick or Wellesley are in close proximity.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/15/2019
|
3 Bed
|
2 Bath
|
1820 ft²
|
$499,000
3 Bed
2 Bath
1820 ft²
|
$540,000
+8.22%
05/30/2019
|
Luisa Cestari
Coldwell Banker Realty - Natick
| |
|
10/05/2018
| |
24 Bed
|
8 Bath
|
9420 ft²
|
$3,499,000
24 Bed
8 Bath
9420 ft²
|
$3,150,000
-9.97%
02/11/2019
|
William Fitzpatrick
Wellesley Real Estate, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017